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20130201
20130201
Search Results 0 to 11 of about 12 (some duplicates have been removed)
doubled under president obama but should he take any credit for it. >>> landing in political trouble, legal troubles may be ahead. >>> if you're among the millions who watch the super bowl just for the commercials, we'll point out the controversial ones you won't want to miss. i'm wolf blitzer. you're in the situation room. today wall street reached a milestone we haven't seen in years. for the first time since 2007, the dow jones industrial average climbed above the 14,000 mark. the average has more than doubled since bottoming out at 6547, 6,547 just after president obama took office back in 2009. let's get quickly to alison kosik. she's at the new york stock exchange. it's just above 14,000, alison. >> it is. what's interesting, as we see the dow cross over 14 thourk for the first time in five years, believe it or not, not everybody thinks it's a big deal. some people say it's a nice round number that we like to talk about and others say, yes, it is a milestone after the economy pretty much fell to pieces. now this is a sign that things are finally come canning back. remember this
. hillary clinton is out. a transition and the beginning of president obama's cabinet changes, the heavy fire a nominee is facing from >> daly city, dublin, los gatos and all the bay area this is abc7 news. >> just updated the visibility. can you see it is improved in napa and novato but santa rosa the fog will stay for the morning, with half a mile. you can see a lot of haze around the rest of our neighbor, ten miles visibility from yesterday are there but it is not a "spare the air" day. more fog, more haze through the morning, 37 to 43 is our spread. check out the sunshine in mid-50's to 60, and around 4:00, another bright day with sunglasses needed throw mid-60's and a quiet evening with a lot of stars and cool temperatures, mid-40's to low 50's. enjoy. kristen? >> we are continuing to monitor breaking news from oakland where an amber alert is issued and oakland police are looking for a chevrolet pickup truck gray in color license plate 7n79574. that is a california plate. the child involved is a one-year-old girl, described as african-american, abducted in oak, near 90th avenue and
for this one. >>> an about-face involving obama care. remember when religious groups were up in arms about a contraception mandate? we talked so much about that. suddenly now a compromise. how this impacts you. next. w! oil changes at meineke are always a great deal. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> just in to me here at cnn, we're learning why an alaskan airlines pilot passed out midflight. the plane was taking off from los angeles last night. i want to go to renee more, in washington. renee, before we get to what doctors are saying about this, give met back story. >> that's right. you know, this is -- imagine being on this plane, so scary to hear the details here. the flight was midair when the pilot essentially passed out. there were 116 people on the plane and five crew members as well. again, that plane now because the pilot passed out had to make an emergency landing at portland international airport in oregon. at that point when that pilot passed out, we understand that the co-pil
need and is president obama correct to say that tax revenue needs to be part of that solution? >> i would say we are half way there. unfortunately, we have done easy stuff. we raised taxes on rich people and we've capped discretionary send itting without saying exactly what we would cut. we haven't done anything to reform a tax code. we haven't done anything to reform our entitlement programs. to slow overrate of growth of the economy. we have to do that or we will never get to the promise land. i think president obama is right. that we still got to have some revenue in the mix. but again, the real focus has to be on reducing these entitlement costs. that's the big deal. >> senator, you agree that we need entitlement cuts but we also need revenue as part of the last phase of this deficit reduction? >> i do, indeed. you don't have to call it a tax increase. if you go into the tax expenditures, which are these loop holes, they are really spending any other name, earmarked, $1,100,000,000 of them. you can't spend your way out of this hole and can't tax your way out of this hole or grow
be a distant third at 29%. antitrust expert barry lynn hopes the suit means the obama administration is finally willing to fight a broader trend towards consolidation across industries. >> the president can really set a tone here, the attorney general can set a tone, the head of the antitrust division can set a tone. and the tone can be we're not going to accept the kind of consolidation we've seen over the last 15, 20 years. >> reporter: but the merger's ecnomoic payoff for anheuser busch is largely about what happens outside the united states. >> they believe there are great efficiencies to be had in mexico and in other markets in the world where corona is underdeveloped. so the primary focus of the deal for their $20 billion is what they can make in mexico and what they can do outside the u.s. >> reporter: anheuser-busch inbev offered to sell of it's interest inn importing arm nstlati bras anmake the company the sole importer of corona beer for ten years. but the justice department says that solution does not go far enough. darren gersh, "n.b.r.," washington. >> susie: on wall street today,
in egypt. >>> energy secretary steven chu is resigning. in a statement, president obama said chu helped move the country toward energy independence citing department programs in wind and solar power. chu will stay on until the end of the month and until a successor is confirmed. those are the headlines. back to tracy and ashley. ashley: rick folbaum, thanks so much. the u.s. economy added 157,000 jobs in january, while the unemployment rate it ticked up to 7.9% but today's report represents only a fraction of the 12 million americans looking for work. peter barnes joins us from the labor department with more on that story, peter? >> hey, ashley. 4.7 million of those 12 million people have been unemployed for 27 weeks or longer. that's about 40% of the stolt -- total unemployment. the white house is not doing any high-fives about the jobs report today but it will take it. the president's top economist alan krueger telling me this morning that the report and some other economic indicators paint a picture of an economy that is slowly healing but not back to full they will health just yet.
Search Results 0 to 11 of about 12 (some duplicates have been removed)